Management Thoughts for Entrepreneurs

An Entrepreneur client of mine is a passionate, innovative CEO with a bias for action.

While a seasoned executive will take a calm, thought-out approach to decision-making, akin to “Ready, Aim, then Fire,” my client likes to make quick decisions rather than deliberate for very long. He jokingly calls his approach “Fire, Aim and then worry about whether you are Ready or have correctly Aimed or not.”

Who is right? Entrepreneurs need to carefully blend both styles of decision-making depending on the situation at hand or surround themselves with advisors who can complement the Entrepreneur’s decision-making style. No one style is always correct!